https://www.taxtmi.com/caselaws?id=39773 Proceedings under section 66(5) required the Tribunal to dispose of the case in conformity with the High Court's judgment, and in doing so it could exercise the same appellate powers available under section 33, including calling for further facts and remanding where necessary. The earlier reference had treated the real enquiry as extending beyond the timing of transfers to their genuineness, reality, character, and whether they showed free transferability to the public. As the record did not provide a satisfactory factual basis to decide those questions, the Tribunal was entitled to seek a report and remand the matter, and its jurisdiction was upheld against the assessee. en-us Wed, 20 Nov 1974 00:00:00 +0530 Tue, 20 Apr 2010 12:08:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39773 Proceedings under section 66(5) required the Tribunal to dispose of the case in conformity with the High Court's judgment, and in doing so it could exercise the same appellate powers available under section 33, including calling for further facts and remanding where necessary. The earlier reference had treated the real enquiry as extending beyond the timing of transfers to their genuineness, reality, character, and whether they showed free transferability to the public. As the record did not provide a satisfactory factual basis to decide those questions, the Tribunal was entitled to seek a report and remand the matter, and its jurisdiction was upheld against the assessee. Case-Laws Income Tax Wed, 20 Nov 1974 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39773